News
N.C. Mayors Establish 2 Budget Task Forces
By Creed Wood | February 18The N.C. Metropolitan Coalition, a lobbying group for the state's municipalities, set up two task forces Thursday in an effort to protect municipal budgets from the state's financial shortfall. North Carolina already is facing a budget deficit of almost $900 million for the 2001-02 fiscal year. Gov. Mike Easley announced Feb. 5 that he was seizing $209 million from a revenue-sharing program with N.C. municipalities to offset part of the shortfall -- an action that prompted mayors statewide to take action.
